What are the responsibilities and job description for the Senior Technical Accounting Manager position at Kern Search?
Provides technical accounting interpretation and implementation guidance associated with both U.S. GAAP and IFRS. This role is responsible for technical accounting research and documentation and will also work with the company’s accounting and financial reporting team to ensure accurate accounting and financial statements.
Responsibilities
- Research and conclude on accounting for non-routine, complex transactions under both US GAAP and IFRS. Areas will include debt transactions, tax-equity agreements, leases, derivatives, hedge accounting, HLBV accounting, transactions under common control, VIE analysis, ARO calculations, business combinations and other
- Prepare and review complex assessments of agreements under IFRS and US GAAP to identify derivatives, leases, revenue recognition elements etc.
- Conduct technical research on accounting and financial reporting issues and new accounting standards impacting the company’s financial statements
- Document findings in formal technical accounting memos as needed
- Assist in the drafting and ongoing assessment of the company’s accounting policies and procedures
- Derivative Accounting – perform activities in the monthly derivative and hedge accounting financial close and reporting processes, including documenting hedge designations and preparing month-end derivative and hedge accounting entries
- Provide technical accounting support and analysis for M&A activities
- Coordinate with internal and external auditors and assist with requests and documentation regarding technical accounting and internal controls
Requirements
- Bachelor’s degree in accounting. Advanced degree a plus
- CPA or equivalent (Chartered Accountant, ACCA, etc.) required
- 8-12 years of relevant industry experience in technical accounting, reporting or accounting. Big 4 experience is a plus. Previous experience in renewables a plus. Experience at large US or international public firm required.
- Detailed knowledge of U.S. GAAP and IFRS with special emphasis on derivative accounting, business combinations, revenue recognition, consolidation and leases; familiarity with renewables industry (HLBV, tax-equity partnerships, complex credit agreements, etc.)
- Experience with consolidation software platforms, Financial Management and ERP systems. Working knowledge of OneStream a plus
- Advanced Excel skills required
- Strong written and verbal communication skills, strong accounting research and technical writing skills
- Execution focused mindset with a high level of initiative.
